______ can also represent preferences among different effectiveness criteria, so that groups can be said to have a service climate or a safety climate that influences its performance in terms of service or safety.
Fill in the blank(s) with the appropriate word(s).
Group norms
You might also like to view...
Dividing the net income for the year by the average number of common shares outstanding during the year (if only common stock is outstanding) is the calculation for the
a. return on stockholders' equity. b. return on assets. c. earnings per share. d. book value per share.
Which of the following is a rare situation that may arise in a privately owned company that wants to decrease the amount of income taxes paid to the government?
a. Understating purchases b. Overstating net income c. Understating inventory d. Understating cost of good sold
Who focused on leaders matching their styles to the competence and commitment of employees?
A. Stogdill B. Hersey and Blanchard C. Blake and McCanse D. Katz
Federal Bank is a secured party on a $50,000 loan to Gigi, who owns Home HealthCare, an assisted living facility. When Gigi experiences financial difficulty, creditors other than Federal Bank petition her into involuntary bankruptcy. The value of the
secured collateral has substantially decreased in value. On its sale, the debt to Federal Bank is reduced to $25,000 . Gigi's estate consists of $100,000 in exempt assets and $20,000 in nonexempt assets. After the bankruptcy costs and back wages to Gigi's employees are paid, nothing is left for unsecured creditors. Gigi receives a discharge in bankruptcy. Later she decides to go back into business. By selling a few exempt assets and getting a small loan, she is able to buy Indulgence, a small, profitable nightclub. Gigi goes to Federal Bank for the loan. The bank claims that the balance of its secured debt was not discharged in Gigi's bankruptcy. She signs an agreement to pay Federal Bank the $25,000, and the bank makes a new unsecured loan to her. IsFederalBank correct that the balance of its secured debt was not discharged in bankruptcy? What is the legal effect of Gigi's agreement to pay the bank $25,000 after the discharge in bankruptcy?